/Tag: L&T

Indian companies scour the world

2020-03-12T14:44:48+00:00December 20th, 2017|2017/2018, December 2017, India-US, Year|

From Bangladesh and Africa to Israel and China, the footprint of India spread far and wide in recent months. Gloster plans foray into Bangladesh Diversified jute manufacturer and exporter Gloster Limited is planning to set up a unit in Bangladesh. The new unit will be a greenfield site and cater to the export market. Hemant Bangur, executive chairman, Gloster Ltd, said: “We are planning to set up a unit in Bangladesh for which we are talking to one of the [...]

Spreading their wings

2018-08-02T10:50:47+00:00June 15th, 2017|2017/2018, Exports, June 2017, Year|

Indian project exports are gradually gaining scale by winning increasingly bigger contracts with a little help from the Indian government. When spectators troop in to watch the likes of Lionel Messi match his skills against Neymar in the 2022 World Cup Football tournament in Qatar, India will have an unseen presence in the 40,000-seat Al Rayan Stadium. A Reuters report recently said Indian contractor Larsen & Toubro (L&T) has won the $135-million contract, through a joint venture, to build the [...]

Short Takes

2020-03-12T14:40:26+00:00September 16th, 2016|2016, Cover Feature: Defence, India Investment Journal September Edition, Year|

Thales bets on India supply chain French defence major Thales is eyeing partners for major joint ventures in India, besides the ones already in place with state-run BEL, Samtel and L&T. The group is planning to expand its six-decade-old footprint in India and plans to make the country a part of its global supply chain in a much bigger way. India currently contributes less than 2.5 per cent to the company's €14 billion annual turnover. Pascale Sourisse, senior executive vice-president [...]